Who Are the Main Importers of Norwegian Mackerel?

According to Norway Statistics, in 2022, Norway's exports of frozen mackerel (HS Code 030354) totaled 322 thousand mt with a total worth of NOK 5.82 billion. In terms of volume, exports were down 13% year-over-year (YoY), while in terms of value, exports rose by 6% YoY. Value rose despite a decline in volume as the average unitary value (or export price) was NOK 18.04/kg in 2022, which was 21% higher compared to the previous year.

In 2022, China became the largest destination, topping Japan and Korea, with 18% of the total volume exported from Norway. Exports to China rose 16% YoY. China was followed by Japan, with 17% of the total volume. Japan also increased its share from a previous 14% as exports to this destination climbed 3% YoY. Meanwhile, exports to Korea totaled 12% of the total, down from a previous 14%, as exports to this destination declined by 21% YoY.